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Irma Korkia
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๐๐๐ Urgent update breaking news $BTC Retest is in progress
๐๐๐ Urgent update breaking news
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๐Weekly #CryptoNewss Updates: Google and Magic Leap Collaborate, CertiK Introduces New Initiative, #Binance User Loses $1 Million ๐ฅ Meta VP Yann LeCun and Tesla's Elon Musk ignite a social media feud, sparking intense debate. ๐ฎ Google and Magic Leap join forces to enhance AR technologies, aiming for innovative product offerings. ๐ OpenAI introduces ChatGPT Edu, tailored for universities, fostering transformative learning experiences. ๐ฐ A Binance user loses $1 million to a Google Chrome adware hack, shedding light on security risks in crypto. ๐ Bybit restructures its team post-erroneous airdrop, compensating affected users with $26 million. ๐ฎ Notcoin's viral Telegram game attracts millions, with its token now available on Gate.io, OKX, WhiteBIT, and others. ๐ก๏ธ CertiK launches CertiK Ventures to spur blockchain development, supporting security-focused projects and partnerships.
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๐ฅBitcoin Analysis: Will BTC Succeed Above $71K? ๐ On June 5, Bitcoin's dynamics shifted from sluggish to abrupt volatility, reaching $71,540 at the time of writing. ๐ผ Positive two-week ETF netflows hit a record $886.75 million on June 4, led by Fidelity's $379 million inflows, prompting Bloomberg analyst Eric Balchunas to describe it as a "tidal wave." ๐ BlackRock's IBIT also saw significant inflows, accumulating $274 million, while ARK Invest's ARKB collected nearly $139 million of BTC. ๐ฐ Speculative interest in Bitcoin surged as decent metrics emerged, with Willy Woo and others predicting a potential new all-time high (ATH) above $75,000. ๐ However, conditions must align for Bitcoin to reach $74,000, including turning $72,000 resistance into support, as noted by analysts like RektCapital. ๐ On-chain data and chart analysis support bullish sentiment, with Bitcoin's price testing higher boundaries and RSI indicating bullish momentum in the long term. ๐ In the short term, Bitcoin's price struggles to maintain levels above $69,000 resistance, consolidating within a symmetrical triangle pattern in the 4-hour chart. The original article
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๐ปChanging User Preferences: From Facebook to Cryptocurrencies ๐ In todayโs digital world, changes are happening extremely fast. Yesterday, everyone was interested in Instagram and Facebook, and today they are giving way to crypto wallets. So what is behind this phenomenon? ๐ Phantom Wallet surpassed Facebook and ChatGPT in popularity. Originally developed to hold only SOL, it later expanded to support BTC, ETH, and MATIC. According to Appfigures, it ranked 11th in free downloads after Cash App and Snapchat, with 770,000 downloads in April. This surpassed Facebook and OpenAIโs ChatGPT. ๐ Phantom Wallet's growing popularity coincided with the news of acquiring Bitski, a web3 browser extension. This simplifies connectivity and improves the user experience. Users can create wallets using only an email address, and developers can embed the wallet function directly into their applications. ๐ผ MetaMask plans to integrate Bitcoin. CoinDesk reports that MetaMask will add support for Bitcoin within the next month. While MetaMask has expanded beyond the Ethereum ecosystem, adding Bitcoin will further enhance its popularity. MetaMask integrates with exchanges like Binance, WhiteBIT, and OKX, allowing users to top up their balances with ETH tokens and related networks. ๐ก Cardano founder Charles Hoskinson argues for the evolution of the crypto industry beyond Bitcoin to remain relevant and sustainable. He believes Bitcoin's proof-of-work consensus mechanism is outdated and not aligned with current needs for scalability and sustainability. ๐ Summary: The popularity of Phantom Wallet demonstrates the increasing accessibility of cryptocurrencies. MetaMask's plans to integrate Bitcoin highlight the evolution of digital wallet platforms. These developments underscore the importance of adapting to market needs. the original article
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๐Whales Betting on XRP Returns Amidst Coinโs Downsiding Performance ๐ Whales acquired $299 million worth of XRP in just 24 hours, signaling increased activity despite mixed signals in the coin's chart. ๐ Ripple (XRP) has been sluggish in its market performance, remaining within a stagnating liquidity range. However, it has experienced a boost in whale activity, raising questions about investors' sentiment towards the coin. ๐ผ On-chain data for XRP derivatives presents a mixed picture. While there's been a surge in Open Interest rate and trading volume, netflows have recorded a strong downsurge for the last 4 months, indicating a lack of correlation with Rippleโs price movements. ๐ฌ Despite the bearish sentiment, whales are stacking up on XRP, acquiring nearly $300 million in the last 24 hours. However, declining social volumes suggest a cooling off in investor sentiment towards Ripple. ๐ Fundamental factors, including legal disputes with the SEC, add controversy to Ripple's future. Rippleโs CEO expressed doubts about the likelihood of a favourable outcome for an IPO. ๐ Chart readings show XRP's price confined within a critical range, suggesting potential for a breakout. However, continuous rejections and low volatility indicate a more realistic option in the near term. ๐ The 4-hour chart confirms low volatility and muted price action. XRPโs price has reached a narrow range, with potential for a bearish retracement or bullish breakout. ๐ Despite the controversy, whales' optimism hints at XRP's potential breakout, with a push above moving averages signaling a bullish sentiment. The source
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๐5 Meme Coins To Buy If You Want to Turn $10 into $100 This Week ๐ Altcoins are reaching new highs, signaling a bullish market. The fear and greed index reflects increased greed among traders, contributing to a surge in the overall market capitalization. According to CoinmarketCap, the global market cap stands at $2.64 Trillion, with a 3% gain in the last 24 hours. The global 24-hour trading volume has also reached $92.49 Billion, marking a 20% increase. ๐ฐ It's an opportune time to invest in high-potential meme coins, especially with Bitcoin surging to $71K. Let's explore five meme coin options that could offer ten times gains. ๐ฎ Gamestop (GME) has seen a remarkable 1300% gain in a month. Currently experiencing a short correction, GME's potential for a rally remains strong. Trading at $0.009581, a similar rally could lead to substantial gains. ๐ถ Ben The Dog (BENDOG) has surged 545% in a month, with a 50% increase in the last 24 hours. Trading at $0.03759, it's just 30% away from its all-time high (ATH), suggesting further potential for gains. ๐ธ Pepe Coin (PEPE) continues to generate hype after its recent profitable performance. Trading at $0.00001461, it's 15% away from its ATH. Analysts predict a rise to $0.00002 in the coming days. ๐ฉ Dogwifhat (WIF) has gained 10% in value today, trading at $3.54, just 27% from its ATH of $4.85. Experts foresee a rise to $10, making it an attractive investment option. ๐ฐ Slerf (SLERF) has been bullish for days, gaining 19% in value in the last 24 hours. With increased network activity and trading volume, SLERF shows potential for higher gains. ๐ก These bullish meme coins offer the potential to turn $10 into $100 in just a few days. However, conducting thorough technical analysis before investing is advisable.
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